EXHIBIT NUMBER 11.1
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INFORMATION MANAGEMENT RESOURCES, INC. AND SUBSIDIARY
COMPUTATION OF PRO FORMA NET INCOME PER SHARE
Year Ended December 31,
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1996 1995
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Pro Forma Net Income $ 2,544,931 $ 1,612,471
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PRIMARY:
Common Shares 6,870,188 9,050,960
Stock Option Plans
Shares under option at year-end 5,083,287 5,294,445
Treasury Shares which could be purchased (233,024) (676,130)
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Pro forma weighted average common and
common equivalent shares outstanding 11,720,451 13,669,275
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Pro forma net income per share $ 0.22 $ 0.12
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FULLY DILUTED:
Common Shares 6,870,188 9,050,960
Stock Option Plans
Shares under option at year-end 5,083,287 5,294,445
Treasury Shares which could be purchased (169,492) (676,130)
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Pro forma weighted average common and
common equivalent shares outstanding 11,783,983 13,669,275
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Pro forma net income per share $ 0.22 $ 0.12
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